UDOW vs. TSLA
Compare and contrast key facts about ProShares UltraPro Dow30 (UDOW) and Tesla, Inc. (TSLA).
UDOW is a passively managed fund by ProShares that tracks the performance of the Dow Jones Industrial Average (300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UDOW or TSLA.
Correlation
The correlation between UDOW and TSLA is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
UDOW vs. TSLA - Performance Comparison
Key characteristics
UDOW:
1.20
TSLA:
1.51
UDOW:
1.74
TSLA:
2.28
UDOW:
1.22
TSLA:
1.27
UDOW:
2.05
TSLA:
1.50
UDOW:
5.43
TSLA:
6.83
UDOW:
7.67%
TSLA:
14.32%
UDOW:
34.63%
TSLA:
64.69%
UDOW:
-80.29%
TSLA:
-73.63%
UDOW:
-11.46%
TSLA:
-11.12%
Returns By Period
The year-to-date returns for both stocks are quite close, with UDOW having a 5.90% return and TSLA slightly lower at 5.61%. Over the past 10 years, UDOW has underperformed TSLA with an annualized return of 20.16%, while TSLA has yielded a comparatively higher 41.48% annualized return.
UDOW
5.90%
3.25%
17.05%
35.23%
9.42%
20.16%
TSLA
5.61%
1.29%
69.58%
101.00%
62.53%
41.48%
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Risk-Adjusted Performance
UDOW vs. TSLA — Risk-Adjusted Performance Rank
UDOW
TSLA
UDOW vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares UltraPro Dow30 (UDOW) and Tesla, Inc. (TSLA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
UDOW vs. TSLA - Dividend Comparison
UDOW's dividend yield for the trailing twelve months is around 0.90%, while TSLA has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UDOW ProShares UltraPro Dow30 | 0.90% | 0.95% | 0.95% | 0.83% | 0.26% | 0.19% | 0.61% | 0.73% | 0.13% | 0.78% | 0.21% | 0.46% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
UDOW vs. TSLA - Drawdown Comparison
The maximum UDOW drawdown since its inception was -80.29%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for UDOW and TSLA. For additional features, visit the drawdowns tool.
Volatility
UDOW vs. TSLA - Volatility Comparison
The current volatility for ProShares UltraPro Dow30 (UDOW) is 13.42%, while Tesla, Inc. (TSLA) has a volatility of 20.78%. This indicates that UDOW experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.